40 Fairway

    40, FAIRWAY, GRAYS, RM16 2AD

    This semi-detached freehold property on Fairway last sold in October 2024 for £420,000. Based on price growth in the RM16 district since then, its estimated current value is £426,787 — placing it in the 71st percentile nationally and the 58th percentile within RM16. The property covers 74 m² (797 sq ft), giving an estimated value of £5,767 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £420,000

    Oct 2024

    Estimated Valuation

    £426,787

    Est. £/sq ft

    £536/sq ft

    £5,767/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateSept 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Oct 2024

    £420,000

    Key Metrics

    Estimated valuation£426,787
    Value per sq ft / m²£536/sq ft (£5,767/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM16 district percentile58th percentile
    National percentile71st percentile

    District Context — RM16

    RM16 covers the southern reaches of Essex, including Aveley and areas around the Thames estuary. It is a suburban district with a family-oriented character and strong owner-occupier presence.

    Average Property Price - RM16

    £406,304

    68

    National percentile

    Average Net Household Income - RM16

    £34,045

    25

    National percentile

    10-Year Annualised Price Growth - RM16

    4.2%

    71

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM16

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